Game Informer Magazine Confirms Xbox 360 Elite?

So, does the popular gaming magazine confirm the rumors of a new Xbox 360 version? According to some leaked scans, yes it does. The new Xbox 360 Elite is expected to come in black, with a 120GB Hard Drive, HDMI output, and a $479 price tag. It's also rumored that once the new Elite's sell out, the hardware will replace current Premium systems, minus the black case.

"Considering the number of corroborating rumors it seems likely that at least a few of the details, like price and HDMI inclusion, will indeed become reality. Until an official announcement is made, however, nothing can be confirmed, and Microsoft once again declined to comment on the speculation of an Elite edition."